Tech giants’ results show rosy outlook for AI boom and US stock market
Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern
Jerome Powell to stay on Fed board after central bank holds rates steady in defiance of Trump
Chair planned to exit after inquiry into building renovations but will now oversee ‘remaining steps in the process’
US gas prices hit $4.23 high as Hormuz fears drive oil surge
Blockade threat in vital strait and Trump’s stance lift crude, pushing pump prices to highest level since 2022
Rachel Reeves’s plan to mandate how pension funds invest was always a mistake
You can understand the motivation – more UK investment by UK funds means faster UK growth – but fiduciary duty trumps all
Oil nearing $120 a barrel for first time since 2022 as Trump maintains Iranian blockade – as it happened
Rolling coverage of the latest economic and financial news, as Brent crude approaches highest level since Middle East conflict began
Co-op marking commonly stolen items with forensic spray to track reselling
Wave of measures has helped cut offending in stores last year by a fifth as new retail crime law comes into force
EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war
Fishing companies can also access subsidies in loosening of state aid rules to cover fuel and fertiliser price rises
Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs
The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA
Reliance on Chinese green tech poses ‘serious’ risk for Europe, experts say
Continent ‘sleepwalking’ into series of economic and national security problems due to over-dependence
‘It will never cover what’s authentic’: African music industry weighs up AI risks and rewards
Delegates at event in Cape Verde highlight opportunities from tech while stressing AI is no replacement for talent
Barclay family avoids bankruptcy after deal with HSBC over £143m debt
Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court
UK refineries asked to maximise jet fuel production amid supply fears
Government request follows contingency planning to stop planes being grounded if Iran war supply shocks continue
UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds
Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193
AstraZeneca makes surprise U-turn with £300m pharma investment in UK
Drugmaker had stalled large-scale projects in England but has now pledged investment at two sites, announced by Keir Starmer
‘There’s no streetlights’: North Yorkshire restaurant told to stop driving diners home
Award-winning chef and husband ordered to stop offering lifts home from rurally located Hansom